comrade just a question what marketing are LRS doing to keep people keen? just curious on this one...I am a big holder and believer on both, management use promotional companies for both companies when they have information to post, I think you will find when ever OAR has an announcement it is followed up equally with same companies promoting LRS as well, after all it is basically the same management here as LRS.
OAR has remained silent for they are as they have said waiting on assays simple as that.. Nevada is at stand still due to winter hence nothing to report, Peru is at standstill due to Corona hence nothing to report and Crown is progressing and be updated in the next few weeks.
Coto....the problem is not in LRS for pump and dump style investors it is here, the price has been rising slowly and steadily so many times on OAR and then bang the dumpers come in, it is disappointing, but that is the market..
" LRS look like they are doing TOO MUCH marketing to keep people keen. Therefore most of their holders are probably the pump and dump type investors. Which means when things settle and/or results don't match the excitement levels of wordings in previous announcements then the SP is more prone to a massive collapse because existing holders expected more. "
As I have posted here before I have spoken to management and I am very comfortable in holding and waiting here to see what pans out, in my opinion we have got many projects with massive potential, management are working on projects as they permit and prioritising the projects than generate the most value for Company share holders.
we have 4 great chances with 4 massive possible company making projects (well actually 5 with the graphite project that has a 6.1M Tonne resource sitting there that will have its turn) this year will be the telling year and it will all start with the assays from Nevada and Gibraltar followed by work commencing at Crown where our neighbours have it $1.5 BILLION market cap....that is insane and we are there .....very close ...good luck to us, hang in there, I believe the action should start next week in my opinion..
OAR Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
(20min delay)